{"id":12622,"date":"2018-12-03T17:27:40","date_gmt":"2018-12-04T01:27:40","guid":{"rendered":"https:\/\/lapost.us\/?p=12622"},"modified":"2018-12-03T17:27:40","modified_gmt":"2018-12-04T01:27:40","slug":"qatar-to-withdraw-from-opec","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=12622","title":{"rendered":"Qatar to withdraw from OPEC"},"content":{"rendered":"<p class=\"speakable\"><a href=\"https:\/\/www.aljazeera.com\/topics\/country\/qatar.html\">Qatar<\/a>\u00a0will withdraw from the Organization of the Petroleum Exporting Countries (<a href=\"https:\/\/www.aljazeera.com\/topics\/organisations\/OPEC.html\">OPEC<\/a>), the Gulf nation&#8217;s Energy Minister\u00a0Saad Sherida al-Kaabi\u00a0announced.<\/p>\n<p class=\"speakable\">The decision to quit the bloc of 15 oil-producing countries that account for a significant percentage of the world&#8217;s oil production was confirmed by Qatar Petroleum, the state oil company, on Monday.<\/p>\n<blockquote class=\"twitter-tweet\" data-partner=\"tweetdeck\">\n<p dir=\"ltr\" lang=\"en\">Qatar announces it was withdrawing from the Organization of Petroleum Exporting Countries \u201cOPEC\u201d effective 1 January 2019.<\/p>\n<p>\u2014 Qatar Petroleum (@qatarpetroleum)\u00a0<a href=\"https:\/\/twitter.com\/qatarpetroleum\/status\/1069474817592590336?ref_src=twsrc^tfw\">December 3, 2018<\/a><\/p><\/blockquote>\n<p class=\"speakable\">Speaking at a news conference in the capital Doha, al-Kaabi said: &#8220;The withdrawal decision reflects Qatar&#8217;s desire to focus its efforts on plans to develop and increase its natural gas production from 77 million tonnes per year to 110 million tonnes in the coming years.&#8221;<\/p>\n<p class=\"speakable\">Qatar is the first Gulf country to leave the bloc of oil-producing countries.<\/p>\n<p class=\"speakable\">Al Jazeera&#8217;s Charlotte Bellis said that Qatar made the decision just days ahead of a December 6 OPEC meeting.<\/p>\n<p>&#8220;They say it has nothing to do with the blockade on Qatar and that they have been thinking about it for several months now,&#8221; Bellis said, referring to a diplomatic blockade on Qatar by\u00a0<a href=\"https:\/\/www.aljazeera.com\/topics\/country\/saudi-arabia.html\">Saudi Arabia<\/a>,\u00a0the United Arab Emirates (\u00a0<a href=\"https:\/\/www.aljazeera.com\/topics\/country\/united-arab-emirates.html\">UAE\u00a0<\/a>),\u00a0Egypt\u00a0and\u00a0<a href=\"https:\/\/www.aljazeera.com\/topics\/country\/bahrain.html\">Bahrain<\/a>.<\/p>\n<p>&#8220;They also said that if you want to withdraw from OPEC it had to be done before the end of the year,&#8221; she added. &#8220;They said they wanted to do this now and be transparent ahead of a December 6 OPEC meeting.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qatar\u00a0will withdraw from the Organization of&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-12622","post","type-post","status-publish","format-standard","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/12622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12622"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/12622\/revisions"}],"predecessor-version":[{"id":12623,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/12622\/revisions\/12623"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}